UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 22, 2016
_______________________________________________________________
PRIME GLOBAL CAPITAL GROUP INCORPORATED
(Exact name of registrant as specified in its charter)
| NEVADA | 333-158713 | 26-4309660 | ||
|
(State or other jurisdiction of incorporation) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
E-5-2, Megan Avenue 1, Block E
Jalan Tun Razak
50400 Kuala Lumpur, Malaysia
(Address of principal executive offices) (Zip Code)
+603 2162 0773
(Registrant’s telephone number, including area code)
______________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Annual Meeting of Stockholders of Prime Global Capital Group Incorporated (the “Company”) was held on September 22, 2016 (the “Annual Meeting”). The Company’s stockholders voted on the following two proposals (described in detail in the Company’s definitive proxy statement) at the Annual Meeting and cast their votes as follows:
| Proposal No. 1 | The Company’s stockholders elected the following nominees as directors for terms expiring at the Company’s 2017 Annual Meeting of the Stockholders: Weng Kung Wong, Liong Tat Teh, Maylee Gan Suat Lee, James E. Scheifley and Ham Poh Chai. These nominees represented the Board’s entire slate of nominees. The complete final tabulation of voting results for the election of directors is set forth below: |
| Name | For | Against | Abstain | Broker Non-Vote | |
| Weng Kung Wong | 455,631,608 | 0 | 0 | 512,864 | |
| Liong Tat Teh | 455,631,608 | 0 | 0 | 512,864 | |
| Maylee Gan Suat Lee | 455,631,608 | 0 | 0 | 512,864 | |
| James E. Scheifley | 455,631,608 | 0 | 0 | 512,864 | |
| Ham Poh Chai | 455,631,608 | 0 | 0 | 512,864 |
| Proposal No. 2 | The Company’s stockholders ratified the appointment of Crowe Horwath (HK) CPA Limited as the Company’s independent auditors for the fiscal year ending October 31, 2016 by the votes indicated below: |
| For | Against | Abstain | Broker Non-Vote(1) | |||||||
|
456,124,472 |
0 |
20,000 |
0 |
| (1) | Pursuant to the rules of the NYSE, this proposal constituted a routine matter. Therefore, brokers were permitted to vote without receipt of instructions from beneficial owners. |
As of the close of business on July 25, 2016, the record date, the Company had 512,682,393 shares of Common Stock, at $0.001 par value. Stockholders holding 456,144,472 shares, or approximately 88.97% of the eligible voting shares, casted votes including 151,874,529 shares that were present in person, 303,604,352 by proxy and 665,591 shares that voted online at the Annual Meeting.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PRIME GLOBAL CAPITAL GROUP INCORPORATED | ||
| Dated: September 25, 2016 | ||
| By: | /s/ Liong Tat Teh | |
| Liong Tat Teh | ||
| Chief Financial Officer | ||